Factory and Cognition bosses clash over adviser’s exit, Bloomberg reports

Factory CEO Matan Grinberg severed ties with adviser Chris Degnan after Degnan joined Cognition as chief revenue officer. Degnan denied sharing confidential Factory information, claiming he resigned. Cognition’s chief legal officer highlighted Degnan’s sales expertise and denied any data requests. Investors Vinod Khosla and Sequoia Capital publicly backed opposing sides.